In 2024, Ferrari expects to generate adjusted EBITDA of at least 2.45 billion euros, with expected revenue of more than 6.4 billion euros.
Italian sports car maker Ferrari NV recorded record results in 2023, increasing net income by 34% and profit by 17% compared to the previous year. The company announced this on Thursday, February 1, in its annual report.
Ferrari earned 1.26 billion euros in net income last year, up 34% from 2022, according to a press release.
The automaker’s net profit in the last quarter of the year reached 294 million euros, which is 33% more than the same time last year.
Ferrari’s fourth-quarter sales fell 2% year-on-year to 3,245, but full-year deliveries rose 3% to 13,663.
Ferrari shares rose 5% in Milan trading. The company’s capitalization over the past year increased by 37.6% and reached approximately 79.6 billion euros.
We remind you that the market for electric cars in Ukraine has almost tripled over the year. In December 2023, the Ukrainian car fleet was filled with more than 4.6 thousand vehicles powered by battery resources, which is almost three times more than a year ago. Of this amount, more than 4.5 thousand are passenger cars and 78 are commercial electric vehicles.
We remind you that MINI is closing the production of one of its most popular models.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.